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Latest Practice Management News

60 UK law firms shut in 2020 by rising insurance costs

60 UK law firms shut in 2020 by rising insurance costs

The following Insurance & Reinsurance news provides comprehensive and up to date legal information on 60 UK law firms shut in 2020 by rising insurance costs

Diversity in a recession—will necessity be the mother of invention?

Diversity in a recession—will necessity be the mother of invention?

The following Employment news provides comprehensive and up to date legal information on Diversity in a recession—will necessity be the mother of invention?

Considering the impact of changes to right to work checks

Considering the impact of changes to right to work checks

The following Employment news provides comprehensive and up to date legal information on Considering the impact of changes to right to work checks

At last—the Graduate visa is finally here!

At last—the Graduate visa is finally here!

The following Employment news provides comprehensive and up to date legal information on At last—the Graduate visa is finally here!

Featured Practice Management content

The employment contract—sample pensions clauses

The employment contract—sample pensions clauses

The following pension clauses set out the pensions information to be included in an employment contract, depending on the type of...

Letter—employer acknowledgement of notification of maternity leave

Letter—employer acknowledgement of notification of maternity leave

Date: [insert date]Dear [insert name of employee]Congratulations and thank you for telling me about your pregnancy and the date that your baby is due....

Formulating a learning and development—L&D—policy

Formulating a learning and development—L&D—policy

This Practice Note provides information on formulating a learning and development (L&D) policy. It reviews key issues to consider including:•what is...

Letter of variation

Letter of variation

[ON HEADED NOTEPAPER OF PARTY A][Insert address of Party B][[Insert address of Guarantor]][Insert date]Dear [name of Party B][ and [name of...

Precedents

Letter—long-term sickness absence (6): to employee confirming dismissal on notice (following final written warning)

[To be typed on headed notepaper of employer][Date]Dear [insert name of employee],Re: [insert name of employer] (the Company)Following our most recent...
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9th Nov
Practice notes

Introduction to retained EU law

This Practice Note provides an introduction to retained EU law, which is an entirely new legal concept introduced to UK domestic law in preparation...
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9th Nov
tag iconBrexit
Precedents

Draft outline script for disciplinary hearing (misconduct)

1Introductions of those present if necessary. Confirm who is taking notes and that copies of the meeting notes will be made available to the...
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9th Nov
Practice notes

Termination and expiry of contracts

This Practice Note provides an overview of contract expiry and of the different causes of termination and ways to discharge a contract, including...
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9th Nov
tag iconCOVID-19 tag iconIn-house
Practice notes

Equitable remedies in contractual disputes

While the primary remedy for contractual breach is that of damages (see Practice Note: Contractual damages—general principles and related content),...
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Produced in partnership with Zainab Hodgson of CMS 12th Jan
Practice notes

Contract variation

This Practice Note summarises the law, guidance and practice relating to the variation of contracts and deeds. It explains how a contract or deed can...
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9th Nov
tag iconIn-house
Practice notes

Repudiation

This Practice Note concerns repudiation and sets out what a repudiatory breach of contract means. It explains how a repudiatory breach goes to the...
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9th Nov
tag iconIn-house
Practice notes

What is diversity and inclusion (D&I)—law firms

This Practice Note provides a high-level introduction to diversity and inclusion (D&I) and key reasons why it is important to law firms. Specific...
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Produced in partnership with Rachel Brushfield of EnergiseLegal 12th Jan

Most recent Benchmarking content

Practice notes

How to read and understand the financial accounts of a law firm

This Practice Note provides information about how to read and understand the financial accounts of a law firm.Why are financial accounts important?Law...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 15th Jan
Practice notes

Benchmarking—what are normal measures of financial performance in a law firm?

This Practice Note provides information about different ways of measuring financial performance in a law firm. It also provides guidance on how to...
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Produced in partnership with Robert Mowbray of Taylor Mowbray LLP 8th Jan
Precedents

Raw data capture sheet for financial calculations—blank

DataSource of dataFigure£Current assetsBalance sheet[insert figure]Current liabilities...
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7th Dec
Precedents

Fee income monitoring

Monthly fee income generated in [insert year]...
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7th Dec
Precedents

Analysing fee income, fee—earning capacity and fees per fee earner—blank

There is little point in collecting data on a firm's financial performance if that data is not used to improve its performance. A firm’s fee income,...
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7th Dec
Precedents

Benchmarking financial performance

Please click for an Excel version of this schedule.

Please note that th

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7th Dec
Precedents

Cash and profitability ratio calculations—blank

Date of calculations: [insert date of calculations]Current ratioFormulaCalculationResultResult from previous month/year% movementCurrent assets ÷...
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7th Dec
Precedents

Key steps to assess the financial performance of your firm—flowchart

This flowchart illustrates the three key steps to be taken to assess the financial performance of your firm.Click here to view or print a PDF version...
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7th Dec
Precedents

Cash and profitability ratio calculations—worked example

Cash and profitability ratio calculations—Current ratioFormulaCalculationResultResult from previous month/year% movementCurrent assets ÷ Current...
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7th Dec
Precedents

Raw data capture sheet for financial calculations—worked example

Raw data capture sheet for financial calculationsDataSource of dataFigure£Current assetsBalance sheet764,000...
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7th Dec
Precedents

Analysing fee income, fee—earning capacity and fees per fee earner—worked example

There is little point in collecting data on a firm's financial performance if that data is not used to improve its performance. A firm’s fee income,...
Read More >
7th Dec
Precedents

Variable calculations

Raw data requiredDataFigureTotal number of full-time fee earnersTotal number of part-time fee earnersTotal number of days per week worked by...
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7th Dec

Popular documents

Proprietary estoppel

Proprietary estoppel

This Practice Note considers proprietary estoppel from a generic standpoint.For industry specific guidance on proprietary estoppel, see Practice Notes:•Estoppel and property law•Mortgages by estoppelProprietary estoppel—what is it?Unlike the other forms of estoppel (see Practice Note: Estoppel—what,

Forfeiture of a lease

Forfeiture of a lease

Coronavirus (COVID-19): During the current pandemic, legislation and changes to practice and procedure in the courts and tribunals have been introduced, which affect the following:•proceedings for possession•forfeiture of business leases on the grounds of non-payment of rent•a landlord's right to

Loan Market Association (LMA)—news on documentation [Archived]

Loan Market Association (LMA)—news on documentation [Archived]

This Practice Note is an archive of news from the Loan Market Association (LMA) on LMA documentation and related topics. It covers LMA updates from early 2013 to January 2016. For the latest LMA developments since January 2016, see Practice Note: Loan Market Association (LMA)—latest news on

Sources of Shari'ah

Sources of Shari'ah

IntroductionShari'ah (also Sharia, Shariah or Shari’a) (literally, in Arabic, 'the path towards the watering place') or Islamic law is the legal system of the religion of Islam that sets out a system of duties or code of conduct for individuals to follow so that they may live their life in a